Outrider Energy Corp. Announces Formation Of Strategic Advisory Board
November 12, 2013
Vancouver, British Columbia – Outrider Energy Corp. (CNSX: MCF), ("Outrider" or the "Company") is pleased to announce the formation of a strategic advisory board ("Advisory Board") consisting of four accomplished industry professionals, Victor Barcot, Michael Bodino, Stephen Evans and Brad Windt.
The purpose of the Advisory Board is to provide strategic input to Management and the Board of Directors in support of achieving the company's business objectives. The Advisory Board members bring together over 80 years of expertise in the oil and gas industry and capital markets.
Mr. Barcot is a Managing Director and Head of the Oil & Gas A&D team for HSBC covering the Americas. He has over 18 years of experience in the oil & gas industry. During this period, Mr. Barcot has completed over US$15 billion of upstream Oil & Gas strategic advisory assignments and over US$20 billion in capital raising within the energy sector. Prior to HSBC, he worked in the Global Oil and Gas Investment Banking Group of Macquarie Bank, and the Natural Resources Group of Bank of America. Mr. Barcot also previously worked as an equity research analyst focusing on the U.S. independent exploration & production sector for Credit Suisse First Boston's highly-ranked energy research team.
Mr. Bodino has over 20 years of energy industry experience and is currently a Managing Director, Investment Banking for Global Hunter Securities ("GHS"). He previously headed GHS's award-winning Energy Research Team and was responsible for energy commodity price forecasts and identifying trends that shape energy sector investments. Before joining GHS, he was co-head of research at Madison Williams and Company, where he was also a senior analyst. During his research career, Mr. Bodino's coverage included companies ranging in market capitalization from US$100 million to US$30 billion. He was a recipient of the Wall Street Journal's "Best on the Street" award and was consistently ranked among the top analysts covering U.S. oil and gas companies. Mr. Bodino holds an MBA in finance from Texas Christian University and a bachelor of science in economics from Louisiana State University.
Mr. Evans has over 25 years of expertise in real estate and is the Chief Operating Officer and cofounder of the Sunstone Group. Since 2002, the Sunstone Group has identified, acquired, managed and divested approximately Cdn$1.4 billion of real estate in Canada and the U.S., including over Cdn$384 million in U.S. multi-family real estate properties and over Cdn$75 million in high quality U.S. hotel properties. Mr. Evans is also the Chief Executive Officer of Pure Multi-Family REIT LP (RUF.UN-TSX). Since inception in July 2012, Pure Multi-Family REIT LP has raised over Cdn $141 million and acquired ten apartment communities for Cdn$273 million. Mr. Evans is also the Chief Executive Officer and Trustee of Pure Industrial Real Estate Trust ("PIRET") which he cofounded in 2007. PIRET is a publicly-listed real estate investment trust (AAR.UN-TSX) established for the purposes of acquiring, owning and operating a diversified portfolio of income-producing industrial properties in primary markets across Canada. Since 2007, PIRET has raised approximately Cdn$597 million of equity and acquired a portfolio of 161 industrial properties in Canada having a total value of approximately Cdn$1.3 billion. Mr. Evans also serves on the boards of WesternOne Inc. (WEQ-TSX) and American Hotel Income Properties (TSX: HOT.UN-TSX).
Mr. Windt brings over 25 years of capital market experience with a focus on the U.S. energy markets. He was an investment advisor for 15 years, formerly and most recently with Canaccord Capital.
Outrider Energy Corp. is listed on the Canadian National Stock Exchange (CNSX) system under the symbol "MCF" and is focused on acquiring a portfolio of producing U.S. dry gas assets with significant low cost proven undeveloped reserves.
For further information, please contact:
David Doherty, President & CEO,
Outrider Energy Corp. (604) 315-1237
Forward Looking Statements:
This news release contains certain forward-looking information concerning the business of the Company. These forward looking statements are based on the opinions of management at the date the statements are made and are based on assumptions and subject to a variety of risks and uncertainties and other factors that could cause actual events to differ materially from those projected in forward looking statements.
The Company is under no obligation to update forward-looking statements if circumstances or management's opinions should change, except as required by applicable securities laws. The reader is cautioned not to place undue reliance on forward-looking statements.
The CNSX does not accept responsibility for the adequacy or accuracy of this release.